Actuary, Pricing

Job Description

The Divisional Pricing team provides support, challenge and insights to pricing teams across lines of business and global regions. In parallel, we provide assurance to the most senior leadership in PL Re and PL that as a Division we are adhering to the pricing principles, controls and targets under which the business sets out to operate.

We are looking for an innovative and technically confident actuary to join the Divisional Pricing team reporting directly into the VP Pricing. 

The role will be on a team exposed to a range of global markets and have the opportunity to work with a variety of experts including actuaries, underwriters, medical personnel, data scientists and senior management as well as with a range of data sources and methodologies. 

Key Responsibilities

Provide support to the pricing function through:

•    Reviewing front line pricing on the largest and most non-standard quotes
•    Conducting deep dives to understand and ensure appropriateness of current assumptions, application and methodologies
•    Monitoring and reporting of Enterprise Pricing Metrics at a product family and PL Re level
 

Participate in PL Re wide projects impacting pricing 

•    Contribute to division wide methodologies (leveraging existing methodology where appropriate) and continue to build PL Re pricing reference library
•    Pursue consistency of pricing methodology and process across regions and lines of business by identifying and setting best practice
•    Play a part in the continued evolution of analytic techniques in pricing through thought leadership
 

Develop your pricing knowledge in the context of PL Re Pricing methodologies and culture

•    Be proactive in learning different pricing methodologies and approaches
•    Understand and challenge the pricing of new risks or novel reinsurance structures
•    Collaborate with global colleagues to advance pricing capabilities.
 

Desirable Qualifications & Experience
–    Qualified Actuary
–    Ability to work independently in a small, flexible and dynamic team 
–    Strong technical and problem-solving skills 
–    Keen to develop an understanding of statistical methods
–    Interest in programming and comfortable with or willing to learn software packages, such as Tableau, SQL and R.